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Thursday November 5, 2009
DrStockPick.com Stock Report!
Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company�s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on �Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),� at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is �New Leadership of Personalized Medicine.�
South Jersey Industries (NYSE: SJI) today announced a GAAP loss from continuing operations for the third quarter of 2009 of $1.9 million, or $0.06 per share, as compared with income of $43.9 million, or $1.47 per share, for the third quarter of 2008. Third quarter 2008 GAAP results reflected the impact of unusually large unrealized gains from mark-to-market accounting at our Asset Management and Marketing business. For the first nine months of 2009, GAAP income from continuing operations was $34.8 million, or $1.16 per share, as compared with $55.3 million, or $1.85 per share, in the first nine months of 2008.
Wireless Ronin Technologies, Inc. (Nasdaq:RNIN), a Minneapolis-based worldwide digital signage provider, today announced that it has entered into agreements to sell approximately $6.7 million of its common stock in a registered direct offering. Pursuant to these agreements, the company will issue 2,297,000 shares of common stock at $2.90 per share. Wireless Ronin expects net proceeds of approximately $6.0 million, which it plans to use primarily for general corporate purposes, including working capital. The closing of the offering is expected to take place on or about November 9, 2009, subject to customary closing conditions. In addition, pursuant to these agreements, Wireless Ronin will not issue common stock, subject to certain exceptions, at a price per share less than $2.90 for a period of 180 days after closing without certain investor consent.
Glowpoint, Inc. (OTCBB: GLOW), a leading provider of managed services for telepresence and video conferencing, today announced it provided a solution to present featured keynote speaker filmmaker Martin Scorsese in New York to an audience in Los Angeles as part of the home entertainment industry’s second annual Blu-ray conference, called Blu-Con 2.0, on Tuesday, November 3, 2009.
Empire Energy Corp. Intl. (OTC BB: EEGC) has signed Back to Site Agreement with Hunt Energy Drilling of Australia. In the agreement, Hunt Energy has agreed to return to the Bellevue drill site which has been prepared for drilling operations. Malcolm Bendall said, “We welcome the signing of this agreement with Hunt Energy and look forward to working together and the commencement of drilling on the Bellevue site.”
Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced the pricing of a public offering of 2.5 million shares of its Class A common stock at a price of $15.50 per share. Goldman, Sachs & Co. acted as the sole underwriter for the offering.
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